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2011_0613_packet
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2/15/2012 1:34:43 PM
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12/22/2011 8:43:49 AM
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City of Roseville,, Minnesota <br />SECTION I <br />DEVELOPMENT PROGRAM FOR <br />DEVELOPMENT DISTRICT NO. 1 <br />AS OF JULY 139 2009 <br />The Ciity of Roseviil�l�e adopted a Development Program and created Development Diistriict No. 1 on <br />October 13, 1982. At that tiime, Tax Increment Fiinanciing Diistriicts No. 1 and No. 2 were also created <br />wiithiin Development Diistriict No. 1 and Tax Increment Fiinanciing Pleas were adopted. Subsequent to <br />the initial tax iincrement fiinanciing actiiviity iin 1982 and contiinu�iing throuigh 2009, Tax Increment <br />Fiinanciing Diistriicts Nos. 3, 45 55 65 75 85 95 105 115 125 135 145 155 165 175 18, Hazardous Su�bstance <br />Su�bdiistriict No. 11A, and Haz,ardou�s Su�bstance Su�bdiistriict No. 17A were created wiithiin Development <br />Diistriict No. 1 and the approprii ate Tax Increment Fiinanciing Pleas were adopted and added to the <br />Development Program. Additional tax iincrement fiinanciing actiiviity wiithiin Development Diistriict No. 1 <br />from 1995 throuigh 2009 iincl�u�ded the decertification of Tax Increment Fiinanciing Diistriicts Nos. 2, <br />35 45 55 65 75 85 95 14, and 15 and variiou�s modiifiicathons to the Development Program and the Tax <br />Increment Fiinanciing Pleas for the remaiiniing Tax Increment Fiinanciing Diistriicts Nos. 1, 105 115 125 135 <br />165 17 and 181. All previiou�s modiifiicathons and amendments to the Development Program and Tax <br />Increment Fiinanciing Pleas are hereby iincorporated iinto thiis Restated Development Program. <br />Thiis Jame 13, 2011 modiifiicatiion to the Development Program iincl�u�des: <br />(1) the modification of Tax Increment Financing District No. 18 within Development District No. 1 <br />and the adoption and addition of its Modified Tax Increment Financing Plan to the Development <br />Program; <br />Attached to thiis Restated Development Program its Exhiibiit I-B, "Municipal Actiion Taken", whiich <br />su�mmariiz,es the Ciity 11 s tax iincrement actiiviitiies wiithiin Development Diistriict No. 1 and iits variiou�s Tax <br />Increment Fiinanciing Diistriicts. Also iincl�u�ded its the fol�l�owirng definitional sectiion for reference and <br />conveniience. Please note that these terms shal�l�, for puirposes of thiis Restated Development Program, <br />Dave the meaniings hereiin speciifiied, u�nl�ess the context otherwise speciifiical�l�y requ�iires: <br />"cam" means the Ciity of Roseviil�l�e, Minnesota, a municipal corporathon and political su�bdiiviisiion <br />of the State of Minnesota. <br />I <br />"Comprehensive Plan" means the Ciity's comp rehensiive pl n whiich contaiins the objectiives, <br />poll iiciies, standards and programs to guy iide pu� bl�iic and priivate land use, development, redevelop ment <br />and preservatiion for all lands and water wiithiin the Ciity. <br />"Cou�nciil�" means the Ciity Council of the Ciity. <br />Tounty" means the county of Ramsey, Minnesota. <br />SPRINGS�TED Page 1 <br />
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